Jeddah, Kingdom of Saudi Arabia, 1 April 2018 – The Islamic Research and Training Institute (IRTI) of the Islamic Development Bank (IDB) Group will organize a forum to discuss mobilizing resources for investments needed to achieve the gobal development goals.
Under the theme "Leveraging Risk Sharing for Long-Term Investment," the 13th IDB Global Forum on Islamic Finance will be held on 2 April 2018 in Tunis, Tunisia, during the 43rd Annual Meeting of the IDB Group, in partnership with Ez-Zitouna University, Tunis.
The forum is aimed to discuss the prospects of risk sharing and Islamic finance in mobilizing resources for long-term investment, and recommend policy actions to enable countries meet their funding needs for achieving the Sustainable Development Goals (SDGs).
Global institutions have estimated that huge funding is needed to finance the SDGs, yet the required investment is not being made even though financial resources that could be tapped are either available or are being invested elsewhere.
The forum will identify the challenges of raising funds for SDGs-related long-term investment, and how risk sharing and Islamic finance principles could be leveraged to tap from the available resources for investments targeted at achieving the global development agenda.
Panel discussants will include Dr. Khaled Sherif, Vice-President, Regional Development, Integration and Business Delivery, African Development Bank (AfDB); Dr. Michael Bennett, Head of Derivatives and Structured Finance at the World Bank; Dr. Thorsten Beck, professor of banking and finance at Cass Business School, London; Mr. Bilel Sahnoun, Chief Exectuive Officer, Tunis Stock Exchange; and Dr. Walid Abdelwahab, Director General, Country Relations and Services, IDB.
The forum will also feature the launching of the second edition of the Global Report on Islamic Finance, jointly produced by IDB Group and World Bank Group.
The annual IDB Global Forum on Islamic Finance was initiated in 2006 to provide a platform for strategic policy dialogue aimed at formulating strategies and policies to develop Islamic finance globally.